Just a quick note on the opportunity for grant in Shenzhen. The Shenzhen
Maker Innovation Grant has just open up for applications. It’s straight
forward grant, no equity. The only requirement is the makers need to be
affiliated with a government certified makerspace such as SZOIL.

Here is the official page in Chinese. It says up to 500,000 RMB but most
are in range of 50,000 to 150,000.